Deckers Brands sales up 20 percent year-over-year
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Dubroff: Deckers chair wants to put Santa Barbara on sounder footing
Deckers Brands Chairman Angel Martinez is running for mayor of Santa Barbara on a platform you might call radical centrism. He wants to tackle the city’s homeless problems head on, bring more disciplined management to the struggling State Street retail corridor and yet retain the distinctive culture and architectural synergy that make Santa Barbara unique. Read More →
Activist investor demands sale or merger of Deckers Brands
Story updated at 2:20 p.m.: A second activist investor penned an open letter to Deckers Brands on June 27, demanding the sale of the company or changes to the board of directors as a result of declining share values. Marcato stated in the letter that it owns 6 percent of the Goleta footwear company’s outstanding Read More →
UCSB New Venture Competition winners ready for next stage
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Deckers Brands’ losses grow as footwear sales decline
Updated at 4:20 p.m. May 26: Deckers Brands shares jumped more than 18.8 percent to $67.21 on May 26 following an earnings announcement that beat analyst expectations and continued to climb in after-hours trading. Deckers reported a net loss of $15.76 million for its fourth quarter, bringing it to a net loss of $12.7 million Read More →
Dubroff: Rising stock market fuels changes for tri-county companies
Conventional wisdom holds there’s not much correlation between a short-term jump in stock prices and impact on the real economy. But this time may be different. It may mark a rare moment when developments on Wall Street have a profound impact on what happens along the Highway 101 corridor. Three announcements made during an eight Read More →
Investment firm asks Deckers Brands to explore sale
An investment firm that owns a 3.3 percent stake in Deckers Brands wants the Goleta-based shoe company to explore options for seeking a sale or merger. In a letter dated March 27, Santa Monica-based Red Mountain Capital Partners said it was concerned about the “persistent underperformance” of Deckers’ stock. Red Mountain managing partners Willem Mesdag Read More →
